https://www.taxtmi.com/caselaws?id=301186 The court granted sanction to the Scheme of Amalgamation under sections 391 to 394 of the Companies Act, 1956, involving multiple Transferor Companies and a Transferee Company. The scheme was approved with the transfer of all property, rights, powers, liabilities, and duties to the Transferee Company, leading to the dissolution of Transferor Companies without winding up. Compliance with statutory obligations was emphasized, and the Petitioner Companies agreed to deposit a specified sum in the Common Pool fund of the Official Liquidator. The petition was allowed with an order for expedited processing. en-us Mon, 26 May 2014 00:00:00 +0530 Thu, 17 Mar 2022 08:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301186 The court granted sanction to the Scheme of Amalgamation under sections 391 to 394 of the Companies Act, 1956, involving multiple Transferor Companies and a Transferee Company. The scheme was approved with the transfer of all property, rights, powers, liabilities, and duties to the Transferee Company, leading to the dissolution of Transferor Companies without winding up. Compliance with statutory obligations was emphasized, and the Petitioner Companies agreed to deposit a specified sum in the Common Pool fund of the Official Liquidator. The petition was allowed with an order for expedited processing. Case-Laws Companies Law Mon, 26 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301186